| XLK latest price $141.7700 (-0.83%) ($140.2900 - $144.0900) on Fri. Feb. 3, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.95% (three month average) |
| RSI | 71 |
| Latest Price | $141.7700(-0.83%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLK advances 3.3% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
IWF(95%) QQQ(95%) VUG(95%) IVW(91%) SPY(86%) |
| Factors Impacting XLK price | XLK will decline at least -0.975% in a week (0% probabilities).
VIXM(-52%) VXX(-18%) UUP(-18%) TBT(-11%) SHY(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -0.975% (StdDev 1.95%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 0.9% |
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